— including suppliers, contractors, manufacturers, distributors, consultants and all the others — can view procurement opportunities and submit bidding documents to try to secure government contracts.
To give you a snapshot of our economy and political landscapes, our gross domestic product is growing at an average of 6 percent each year, giving us an assurance of long-term growth. This expansion is, of course, complemented by the upsurge in government spending. In fact, President Rodrigo Duterte recently signed into law Republic Act 11465 or the General Appropriations Act, which authorized the release of the P4.1-trillion national budget for the year 2020.
Do remember to perform your obligations well because enforcing accountability isn’t a one-way street directed at the government, but for merchants as well. The PhilGEPS website does maintain a list of merchants that have been banned from future transactions with the government because of past irregularities.Registering with PhilGEPS will only cost you P5,000 for a platinum membership.
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